1979 Canadian Federal Budget

	1979 Canadian Federal Budget The 1979 Canadian federal budget was presented by Minister of Finance John Crosbie in the House of Commons of Canada on 11 December 1979. It was the first and only Canadian federal budget presented under the premiership of Joe Clark. The budget was never adopted, as the government was defeated in a vote of confidence on a budget subamendment on December 13, 1979. Background The budget is tabled six-and-a-half months after the 1979 Canadian federal election where the Progressive Conservatives led by Joe Clark won 136 seats, falling 6 seats short of a majority. On paper, support from either one of the three other official status parties (Liberal, NDP or Social Credit) would be enough to pass a budget should all the PC MPs vote likewise. The economic climate was still precarious with a series of mixed signals during 1979: * GDP growth and employment took a turn for the better, with strong recovery of business investment; * Balance of payments and external trade balance seriously de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	31st Canadian Parliament The 31st Canadian Parliament was a briefly lived parliament in session from October 9 until December 14, 1979. The membership was set by the 1979 federal election on May 22, 1979, and it was dissolved after the minority government of Joe Clark failed to pass a Motion of Confidence on December 13, 1979. The dissolution of parliament led to the 1980 federal election. Lasting only 66 days from first sitting to dissolution, and only nine months from election to election, the 31st was the shortest parliament in Canadian history. The 31st Parliament was controlled by a Progressive Conservative Party minority led by Prime Minister Joe Clark and the 21st Canadian Ministry. The Official Opposition was the Liberal Party, led by former prime minister Pierre Trudeau. The Speaker was James Jerome. See also List of Canadian electoral districts 1976-1987 for a list of the ridings in this parliament. There was only one session of the 31st Parliament: Party standings The party s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Social Credit Party Of Canada The Social Credit Party of Canada (french: Parti Crédit social du Canada), colloquially known as the Socreds, was a populist political party in Canada that promoted social credit theories of monetary reform. It was the federal wing of the Canadian social credit movement. Origins and founding: 1932–1963 The Canadian social credit movement was largely an out-growth of the Alberta Social Credit Party, and the Social Credit Party of Canada was strongest in Alberta during this period. In 1932, Baptist evangelist William Aberhart used his radio program to preach the values of social credit throughout the province. He added a heavy dose of fundamentalist Christianity to C. H. Douglas' monetary theories; as a result, the social credit movement in Canada has had a strong social conservative tint. The party was formed in 1935 as the Western Social Credit League. It attracted voters from the Progressive Party of Canada and the United Farmers movement. The party grew out of disaffecti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	1979 In Canadian Law Events January * January 1 United Nations Secretary-General Kurt Waldheim heralds the start of the ''International Year of the Child''. Many musicians donate to the ''Music for UNICEF Concert'' fund, among them ABBA, who write the song ''Chiquitita'' to commemorate the event. The United States and the People's Republic of China establish full Sino-American relations, diplomatic relations. ** Following a deal agreed during 1978, France, French carmaker Peugeot completes a takeover of American manufacturer Chrysler's Chrysler Europe, European operations, which are based in United Kingdom, Britain's former Rootes Group factories, as well as the former Simca factories in France. * January 7 – Cambodian–Vietnamese War: The People's Army of Vietnam and Vietnamese-backed Kampuchean United Front for National Salvation, Cambodian insurgents announce the fall of Phnom Penh, Cambodia, and the collapse of the Pol Pot regime. Pol Pot and the Khmer Rouge retreat west to an area ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]